The French tax breaks you could benefit from next year - News Summed Up

The French tax breaks you could benefit from next year


Income tax - there are some fairly significant savings for anyone whose income is taxed in France, particularly the lower earners. READ ALSO What you need to know about the annual French tax declarationPublic accounts minister Gérald Darmanin, left, and finance minister Bruno Le Maire unveiling the 2020 budget proposals. Photo: AFPHousehold tax - the biggest single saving is the widespread abolition of the taxe d'habitation or household tax. The rate of taxe d'habitation varies hugely according to where you live, but it is estimated the average savings from scrapping the tax will be €723 a year. Taxe foncière - the tax for building owners - remains, however.


Source: The Local September 27, 2019 08:48 UTC



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